IC targets rollout of Catastrophe Insurance Facility in first quarter
The Insurance Commission (IC) is targeting to roll out in the first quarter of 2021 the Philippines’ first private sector-led
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Government
SEC okays DoubleDragon’s REIT offering
The Securities and Exchange Commission (SEC) has considered favorably the nearly P14.71 billion initial public offering (IPO) of a real
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SEC cancels Chiyuto’s OPC registration over illegal investment scheme
The Securities and Exchange Commission (SEC) has revoked the certificate of incorporation of Chiyuto Creative Wealth Documentation Facilitation Services for
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SEC warns against crypto, crowdfunding, and franchising scams
The Securities and Exchange Commission (SEC) has warned the public against individuals and groups engaged in unauthorized investment-taking activities disguised
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Higher range of ATM fees expected starting from April 7
Starting April 7 this year, banks shall adopt acquirer-based ATM fee charging (ABFC), which is one of the requirements of
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6 of 30 institutions correctly predicted Philippines’ GDP of -9.5% for 2020
A fifth of the 30 institutions polled by the Department of Finance (DOF) correctly predicted the contraction of the Philippines’
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Partnership for Fishers’ Financial Education Launched
The Department of Agriculture through the Bureau of Fisheries and Aquatic Resources (DA-BFAR), the Bangko Sentral ng Pilipinas (BSP), BDO
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Compulsory use of payment reference numbers for short-term SSS loan payments starts April 1
Computer-generated payment reference numbers (PRNs) will be required for short-term loan payments starting April 1, 2021, state fund Social Security
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SEC stops Chiyuto’s illegal investment scheme
The Securities and Exchange Commission (SEC) has barred Chiyuto Creative Wealth Documentation Facilitation Services from soliciting investments from the public
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BSP Establishes Guidelines on Virtual Asset Service Providers
The Monetary Board (MB) approved the guidelines on virtual asset service providers (VASP), or entities that facilitate financial services through
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DOF launches anti-corruption website
The office of Finance Secretary Carlos Dominguez III has announced the launch of its “Information against Corruption Page” on the
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PSA denounces ‘padukot kasal’ or ‘deletion of marriage’ services
The Philippine Statistics Authority (PSA) strongly denounces the “padukot kasal” or “deletion of marriage” services proliferating on Facebook. “We duly
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SEC revokes Super Cash Lending’s license
The Securities and Exchange Commission (SEC) has revoked the certificate of authority (CA) of Super Cash Lending Corp. to operate
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SEC scores legal victory against perpetrators of investment scam
The Securities and Exchange Commission (SEC) scored a legal victory over perpetrators of an investment scam after a Quezon City
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Tax Academy courses mandatory for hiring, promotion of employees in BIR, BOC, BLGF starting 2021
Relevant training courses offered by the Philippine Tax Academy (PTA) will become mandatory for the hiring or promotion of employees
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SSS releases P25.2B for December and 13th month pensions; early crediting starts on Dec. 1
The Social Security System (SSS) through Development Bank of the Philippines (DBP) has already released its December pension and 13th
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BSP introduces digital banking framework
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved the recognition of digital bank as a new
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Bangko Sentral ng Pilipinas Holds Virtual Financial Education Stakeholders Expo
The Bangko Sentral ng Pilipinas (BSP) opens the 3rd Financial Education Stakeholders Expo today (November 26, 2020). The Expo, conducted for
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Landbank lists P5-B Sustainability Bonds on PDEx
State-run Land Bank of the Philippines (Landbank) successfully listed its P5 billion maiden offering of Sustainability Bonds on the Philippine
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Tarlac Electric plans primary offer to raise P600 million
The Securities and Exchange Commission received on 17 November 2020 the registration statement of Tarlac Electric Inc. (TEI) for a
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